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Visual24 Oct 2025
The rise of Alphabet
Peraso (PRSO) investor relations material
Peraso Planet MicroCap Showcase: TORONTO 2025 summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Planet MicroCap Showcase: TORONTO 2025 summary22 Oct, 2025
Business overview and technology focus
Designs and sells high-speed wireless semiconductor chips, specializing in mmWave technology manufactured at TSMC.
Holds 60 issued and pending patents, including nine essential to IEEE 802.11ay, and is a global leader in mmWave devices and antenna modules.
Shipped over 2 million chips worldwide, with beamforming technology enabling long-distance, low-interference, and stealthy communications.
mmWave market forecasted to grow from $5B to $30B by 2023, with military segment expected to grow at 42% annually.
Market applications and growth drivers
Four main markets: fixed wireless access, military/tactical communications, edge AI, and transportation.
Fixed wireless access started in rural areas with Ubiquiti, now expanding to dense urban environments via the DUNE platform.
BEAD program in the US ($45B) is expected to positively impact business from 2026, supporting tech-neutral broadband deployment.
Military applications include stealth communications and friendly fire prevention, with ongoing trials and shipments in the Middle East.
Edge AI and transportation markets are emerging, with trials in Asia for high-speed internet on trains and high-bandwidth video for AI.
Competitive landscape and business model
Operates mainly in the unlicensed mmWave segment, where it is the sole supplier; licensed segment dominated by Qualcomm and MediaTek.
Total addressable market for unlicensed mmWave estimated at $500M.
Sales cycles are long due to the complexity and novelty of mmWave technology, but product integration time has improved to 12–15 months.
Pipeline has doubled in 18 months, with over 100 customer engagements and 60+ products in the market.
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Q3 202511 Nov, 2025
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Frequently asked questions
Peraso Inc. is a semiconductor company that designs and develops advanced millimeter-wave (mmWave) technology solutions. The company’s products include chipsets, antennas, and integrated circuits that enable high-speed wireless communications in applications such as 5G networks, fixed wireless access, and consumer electronics. Peraso’s technology is focused on delivering high-performance, low-latency connectivity for data-intensive applications, enhancing wireless communication capabilities across various industries. The company is headquartered in Toronto, Canada, and its shares are listed on the NASDAQ.
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